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Interesting.... From the last 10Q On May 11, 2007, the Company entered into a Placement Agency and Advisory Services Agreement with MBA (a NASD member firm). Under the agreement, MBA will act as the Company’s placement agent on an exclusive basis with respect to private placements of the Company’s capital stock and as the Company’s exclusive advisor with respect to acquisitions, mergers, joint ventures and similar transactions. As a retainer for the services provided by MBA under the Placement Agency and Advisory Services Agreement, the Company issued to MBA 5,000 shares of its Series A Preferred Stock. In addition, MBA will receive fees equal to (a) 9% of the gross proceed raised by the Company in any private placement (plus warrants to purchase 9% of the number of shares of common stock issued or issuable by the Company in connection with the private placement) and (b) 3% of the total consideration paid or received by the Company or stockholders in an acquisition, merger, joint venture or similar transaction. The initial term of the Placement Agency and Advisory Services Agreement expires May 11, 2008.
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one day this one will rock and I will be holding a boat load just like TCLT gotta love these low floater bottom plays pays of if you have some patience
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Short Term Prospects – Small Float, Accumulation Occurring. Dramatic swings from .001 to .003 twice in the past month. Bigger moves expected on the basis of the long-term prospects. Begin watching for the next dramatic upward move.
Long Term Prospects – In May the company entered into an agreement with a NASD member firm to be advised with respect to acquisitions, mergers, and joint ventures. It has appointed new members to the board of directors including the CEO of a 122 million dollar privately held company leading to speculation that the privately held company will soon do a Reverse merger into MSTF.
MSTF has appointed several “unique” members to its Board of Directors in the past 6 months leading many traders speculate that MSTF is likely going to be used as a vehicle for a Reverse Merger. The company as it stands today quietly trades as a micro cap stock on the otcbb market and is relatively undiscovered by the investor masses.
On May 11, 2007, the Company entered into a Placement Agency and Advisory Services Agreement with MBA (a NASD member firm). Under the agreement, MBA will act as the Company’s placement agent on an exclusive basis with respect to private placements of the Company’s capital stock and as the Company’s exclusive advisor with respect to acquisitions, mergers, joint ventures and similar transactions.
On June 29, 2007, the company appointed Rodney McDermott as a member of our Board of Directors. Mr. McDermott, age 41, is the co-founder and managing director (since March 2001) of McDermott & Bull Executive Search, an executive recruiting firm providing services to the high technology, financial services, real estate, aerospace and defense, manufacturing, retail and consumer products, healthcare and life sciences industries.
On August 17, 2007, the company appointed Thomas Friedberg as a member of our Board of Directors. Since 2004, Mr. Friedberg, age 47, has been President of Mineral King Partners, LLC (and its predecessor TWF Consulting), a strategic consulting firm that provides competitive benchmarking, competitive and strategic financial analysis, and valuation services.
On September 18, 2007, the company appointed William Comte as a member of our Board of Directors. Mr. Comte, age 54, is the chairman, chief executive officer and president (since 2002) of AccentCare, Inc., home healthcare company.
*Accentcare is a privately held home healthcare company that generates 120 million in annual sales!
From the IHUB board: “Instead of lookin' for Gold Mines on Mars, and Stocks with 4 Billion shares...more people should be looking for Low O/S, Low Float, No MM Shenanigan, Bright Future Stocks like this one....but they'll never learn...they'll keep chasin' dreams and miss out on the winners and then complain about the Penny Stock Market...when they could have found a winner before everyone else....”
The greatest gains in the penny stock market are made by looking forward. Find a company that is currently undiscovered by the investor masses that is moving forward with positive changes. Positive developments that could dramatically change a companys near term potential will likely be the catalyst for the greatest near term gains.
What happens when a company that generates 122 million dollars in revenue does a reverse merger with a relatively unknown micro-cap company? This could in fact be one of the rare OTCBB penny stock opportunities that have in the past made many of us millionaires. All the information provided here is 100% accurate and can be found in MSTFs current SEC filings.
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quote:Originally posted by skip: This one has been a nice flipper for a long time now. The converting has to stop before they will really let it go though.
Anything around .001ish is usually good for at least a double. Love to see it get into the pennies again...